We at Absolute Traders believe technical analysis can maximize returns in favorable markets and protect capital in unfavorable market climates.
The green triangle in our logo symbolizes change and fluidity in the market. The upward line connotes our capability to unravel trends in fluctuating markets to reel in profits.
We all know by now what is going in the US financial market. As traders, we should keep our eye out on the effects of the recent bailouts of Lehman Brothers and AIG on the market. Looking forward, where are the markets headed?
We all know that equity and assets of these companies are leveraged many [...]
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B - Buy
T - Target
S - Stop / Cut Loss
BE - Breakeven. Move stop / cut loss to your buying price.
TBD - To be determined.
Market - When buying, this is the opening price or better. When selling, this is the current price or better.
Wait - You wait.
Open - The trade recommendation is triggered. If you just read the status update and you are still not in the trade, you might be too late. In such cases we would recommend that you do not take it.
Cancelled - The trade idea or recommendation was cancelled.
Closed - Trade recommendations will be closed once the trade is exited
